Control and Compound with Darren Mitchell

Control and Compound Financial | BNV Media

Welcome to Control and Compound with Darren Mitchell, a podcast about infinite banking, real estate investing, and what business owners and individuals should be doing with their money. For helpful tips and tricks, visit our Instagram, Facebook, and TikTok at @controlandcompound. Episodes release every Monday.

The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.

The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.

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S1 · E279
Monday · 21 min
Your Infinite Banking Questions Answered | Wealth Coach Roundtable
Buy Harvest Your Wealth today: https://www.amazon.ca/Harvest-Your-Wealth-Infinite-Canadian/dp/B0HFXG34F1?source=ps-sl-shoppingads-lpcontext&ref_=fplfs&psc=1&smid=A3DWYIK6Y9EEQB You've heard about infinite banking. But what would it actually look like for you and what should you understand before getting started? Darren and Christina welcome wealth coaches Dan Spry, Jake Mitchell, and Ryan O'Quinn back to the podcast to walk through your first education session with Control and Compound. They explain how the strategy works, why the right policy and its structure matter, and how example numbers help bring the concept to life. The coaches also answer questions they regularly hear: Am I too old to start? What if I'm uninsurable? Why hasn't my financial advisor mentioned this? For business owners, farmers, and real estate investors who need access to money for opportunities and unpredictable years, this episode explains what the learning process looks like and how the relationship continues after a policy is in place. BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Show notes: 00:00 - Meet the Wealth Coaches 02:01 - What Your First Education Session Looks Like 05:16 - The Strategy, the Product, and the Numbers 10:32 - Am I Too Old or Uninsurable? 13:19 - Why Hasn't My Advisor Mentioned This? 16:54 - Policy Design, Ongoing Support, and Getting Started Check out our webinar on infinite banking: https://shorturl.at/k1V89 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
S1 · E278
October 5 · 34 min
Canada's Economy Grew. Why Don't Canadians Feel Richer? | Higher Rates, Weaker Dollar
Buy Harvest Your Wealth today: https://www.amazon.ca/Harvest-Your-Wealth-Infinite-Canadian/dp/B0HFXG34F1?source=ps-sl-shoppingads-lpcontext&ref_=fplfs&psc=1&smid=A3DWYIK6Y9EEQB Canada's economy grew. But did your family actually get ahead? In our October economic update, Darren and Christina dig into why stronger GDP numbers don't always translate into Canadians feeling richer and why the size of your slice matters more than the size of the economy. We also discuss the possibility of Bank of Canada rate hikes, inflation, the weaker Canadian dollar and why fixed mortgage rates can rise even when the policy rate hasn't changed. Plus, we break down what's happening beneath the stock market headlines, the differences across Canada's housing markets, Bitcoin's latest moves, AI agents and stablecoins, and Canadian life insurance industry news. If you're a business owner, real estate investor or simply wondering why your money doesn't seem to go as far, join us for the episode! BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Show notes: 00:00 - Could Canadian interest rates rise again? 03:32 - Inflation and the weaker Canadian dollar 06:30 - Stock markets, Bitcoin and AI agents 16:52 - Canadian GDP, natural resources and agriculture 23:42 - Housing and rising fixed mortgage rates 27:25 - Life insurance and Control and Compound updates Check out our webinar on infinite banking: https://shorturl.at/k1V89 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
S1 · E261
September 28 · 30 min
Tariffs, Taxes and Rising Costs: What Can Business Owners Control?
Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration R egister for the free Corporate Tax Masterclass: https://hub.controlandcompound.com/corporate-tax-masterclass-webinar-registration Buy Harvest Your Wealth today: https://www.amazon.ca/Harvest-Your-Wealth-Infinite-Canadian/dp/B0HFXG34F1?source=ps-sl-shoppingads-lpcontext&ref_=fplfs&psc=1&smid=A3DWYIK6Y9EEQB - Your business can bring in more revenue while keeping less of every dollar. In this episode, Darren and Christina break down what Canadian business owners can control as costs, tariffs, and uncertainty put pressure on their companies. They cover a simple margin calculation that every owner should understand, when to revisit pricing, how to spot supplier risk, and why access to capital matters most before you need it. They also discuss a question many owners put off: if most of your wealth is tied to your business, what happens to your retirement plan if you cannot sell on your terms? In this episode: - Why a 10% increase in costs can cut gross profit by roughly 23% - How to review pricing and expenses - Where supplier concentration creates risk - How to plan for cash needs and financing - Why business owners should build wealth beyond the company - How retirement and estate planning fit into the bigger picture Show notes: 00:00 - What can Canadian business owners control? 02:29 - A 10% cost increase can cut profit by 23% 05:09 - When to revisit your pricing 06:45 - Expenses and subscriptions worth reviewing 09:12 - Tariffs, suppliers and backup plans 11:33 - Where your business capital lives 15:34 - Access to financing before you need it 19:24 - The risk of building all your wealth in one business 23:42 - Planning for retirement, taxes and your family 26:32 - The business owner's control checklist Check out our webinar on infinite banking: https://shorturl.at/k1V89 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
S1 · E276
September 21 · 24 min
6 Things Wealthy Canadians Do Differently With Their Money
Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration Register for the free Corporate Tax Masterclass: https://hub.controlandcompound.com/corporate-tax-masterclass-webinar-registration - Wealthy Canadians aren't necessarily better at picking investments—they're often playing a completely different financial game. In this episode, Darren and Christina reveal six principles wealthy families use to build, protect and pass down their wealth. They explain why liquidity can be more valuable than a slightly higher return, why taxes must be considered before every major financial decision and why wealthy families build coordinated financial systems instead of collecting disconnected products. Most importantly, these strategies aren't reserved for people who are already wealthy. They're often how people become wealthy in the first place. BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Show notes: 00:00 - Harvest Your Wealth & Corporate Tax Masterclass 01:35 - What Wealthy Canadian Families Understand 05:24 - Principle #1: Liquidity Is an Asset 09:54 - Principle #2: Wealthy People Think in Decades 12:55 - Principle #3: Taxes Aren't a Once-a-Year Problem 15:07 - Principle #4: Control Matters More Than Returns 17:19 - Principle #5: Wealth Is a Family Project 19:53 - Principle #6: Build a Financial System, Not a Collection of Products Check out our webinar on infinite banking: https://shorturl.at/k1V89 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
S1 · E275
September 14 · 32 min
Canada's Real Tax Burden: The Shocking Cost of Being Canadian
Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration Register for the free Corporate Tax Masterclass: https://hub.controlandcompound.com/corporate-tax-masterclass-webinar-registration Housing. Groceries. Clothing. Canadians are watching the cost of nearly everything climb—but none of those may be the biggest expense destroying your wealth. According to the Fraser Institute's Canadian Consumer Tax Index 2026, the average Canadian family earned approximately $121,000 in 2025 and paid nearly $51,000 in total taxes. That means roughly 42% of its income went toward taxes—more than food, shelter and clothing combined. In this episode, Darren and Christina break down the taxes Canadians see, the taxes hiding in the cost of everyday life and the future taxes being created through government deficits. They also compare the Canadian and American tax systems, examine why highly skilled workers, entrepreneurs and investment capital are leaving Canada, and explain how tax rules can severely limit the wealth-building ability of Canadian business owners and real estate investors. Most importantly, they discuss what Canadians can actually control—and how properly structured high-cash-value life insurance may help reduce taxation on the growth, access and eventual transfer of their wealth. BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Show notes: 00:00 - Tax Is Your #1 Wealth Destroyer 02:07 - The Average Canadian Family Pays Nearly $51,000 in Tax 05:06 - The Taxes Canadians Don't See 08:24 - Today's Deficits Are Tomorrow's Taxes 10:33 - Canada vs. the United States 12:35 - Canada's Silent Brain Drain 16:15 - How Canadian Tax Rules Punish Business Growth 17:55 - The Real Estate Tax Difference 22:38 - Turning the Tax Problem Into a Planning Opportunity 23:20 - How High-Cash-Value Life Insurance Is Taxed 25:21 - The Corporate Tax Strategy Business Owners Overlook 27:02 - If You Don't Have a Plan, the CRA Does Check out our webinar on infinite banking: https://shorturl.at/k1V89 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
S1 · E274
September 7 · 16 min
The Infinite Banking Strategy Explained | A Wealth Coach Roundtable
Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration Register for the free Corporate Tax Masterclass: https://hub.controlandcompound.com/corporate-tax-masterclass-webinar-registration What if the money you're saving for the future could still be used to grow your business, purchase real estate or take advantage of opportunities today? In this episode of Control and Compound, Darren Mitchell and Christina Wyatt are joined by Control and Compound wealth coaches Dan Spry, Jake Mitchell and Ryan O'Quinn for a conversation about infinite banking, high-cash-value life insurance and the strategies they use to help Canadians build and protect their wealth. The team explains why their process begins with education, how properly structured participating whole life insurance differs from traditional insurance and why many business owners are surprised to discover its potential as a long-term corporate tax strategy. They also discuss creating an opportunity fund, generating uninterrupted compound growth, accessing money without sacrificing retirement savings and building a financial strategy designed to serve multiple generations. If you're a Canadian business owner, real estate investor, farmer or high-net-worth individual looking for greater control over your capital, this episode will help you understand what may be possible. In this episode: Why Control and Compound specializes in infinite banking How education helps clients make better financial decisions The difference between an expense and a wealth-building asset Using your capital while it continues compounding Building a tax-efficient retirement inside a corporation Why long-term service matters when policies can last generations BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Show notes: 00:00 - Harvest Your Wealth and Corporate Tax Masterclass 01:16 - Meet the Control and Compound Wealth Coaches 05:13 - What Makes Control and Compound Different? 08:36 - Real-Life Applications and Long-Term Support 10:14 - Using Your Money Without Sacrificing Retirement 11:47 - The Biggest Misconception About Infinite Banking 13:10 - A Powerful Tax Strategy for Business Owners 14:30 - How to Work With a Wealth Coach Check out our webinar on infinite banking: https://shorturl.at/k1V89 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
S1 · E273
August 31 · 40 min
50% Tariffs Are Here: Canada's Trade Deal Collapses, Now Canadians Pay the Price
Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration Register for the free Corporate Tax Masterclass: https://hub.controlandcompound.com/corporate-tax-masterclass-webinar-registration Canada's trade negotiations with the United States have collapsed—and 50% tariffs are now in effect on billions of dollars in goods. What did Canada walk away from, who will ultimately pay for the retaliation, and what could this mean for Canadian businesses, jobs and investment? In the September 2026 Monthly Update, Darren Mitchell and Christina Wyatt break down the escalating Canada–U.S. trade war, the unanswered questions surrounding the rejected deal, and why small and medium-sized businesses could bear the greatest cost. They also cover Canada's latest inflation numbers, including Nova Scotia's 5% inflation rate, the Bank of Canada's next move, a slow Canadian housing market, strong stock-market performance, and Bitcoin's sudden 21% monthly surge. Plus, Darren shares details on his upcoming book, Harvest Your Wealth, and Control & Compound's free Corporate Tax Masterclass for Canadian business owners on September 29. Show notes: 00:00 - September update and Harvest Your Wealth announcement 02:56 - Will the Bank of Canada hold rates again? 05:00 - Inflation rises—and reaches 5% in Nova Scotia 08:31 - Canadian dollar and stock-market update 12:28 - Why Bitcoin surged 21% in one month 16:59 - Canada's housing market remains stalled 19:38 - Canada–U.S. trade negotiations collapse 25:09 - The threat of 50% tariffs on Canadian vehicles 26:03 - Who actually pays for retaliatory tariffs? 28:35 - Small businesses, jobs and investment at risk 30:32 - Can Canada really diversify away from the U.S.? 33:31 - Canadian life insurers report strong earnings 35:09 - New book and Corporate Tax Masterclass 37:14 - What's coming next from Control & Compound Check out our webinar on infinite banking: https://shorturl.at/k1V89 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E272
August 24 · 18 min
Tax the Rich? Canada's Top Earners Already Pay More Than You Think
Do high-income Canadians actually pay their fair share of taxes? It is one of the most emotionally charged arguments in Canadian politics. But before Canadians decide who should pay more, we need to understand who is already paying what. In this episode, Darren and Christina examine Canada's progressive tax system, including new data showing that the top 20% of income-earning families pay 65.3% of the country's personal income taxes. They also explore what happens when higher tax rates influence investment, entrepreneurship, hiring and the movement of capital and skilled professionals. This is not simply a debate about defending wealthy Canadians. It is a conversation about the kind of tax system that produces the most opportunity, prosperity and revenue for Canada. Do high-income Canadians pay their fair share, or should they be paying more? Let us know what you think in the comments. Show notes: 00:00 - Do high-income Canadians pay their fair share? 01:56 - The argument to "tax the rich" 02:46 - Who qualifies as a high-income Canadian? 05:19 - Who actually pays Canada's income taxes? 07:31 - Is raising tax rates the answer? 09:19 - How people respond to higher taxes 11:33 - The true cost of losing an entrepreneur 12:47 - Canada is competing for talent and investment 14:06 - Who builds Canada's tax base? 15:12 - What Canadians think about their taxes 16:19 - The tax conversation Canada should be having Check out our webinar on infinite banking: https://shorturl.at/k1V89 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E270
August 17 · 19 min
McDonald's Was Never Really a Burger Business
Ray Kroc didn't invent McDonald's. He recognized that one successful restaurant could become something much bigger. At 52 years old, Kroc took the McDonald brothers' efficient restaurant model and transformed it into a global system. But hamburgers were only one part of the strategy. In this Financial Autopsy, Darren and Christina examine how Ray Kroc used standardization, franchising, real estate and accessible capital to build one of the most recognizable businesses in history. They break down: Why McDonald's true product was its system How single-location franchises helped Kroc maintain control Why real estate became central to the company's business model How Kroc reportedly borrowed against life insurance policies during McDonald's early years The difference between owning a business and owning a job Six lessons today's entrepreneurs can learn from Ray Kroc Ray Kroc's greatest innovation wasn't the hamburger. It was building a business that could operate consistently without depending on one individual. If you're a Canadian business owner who wants greater control over your capital and a system built for long-term growth, this episode is for you. Show notes: 00:00 - How Ray Kroc changed the world 01:27 - The opportunity the McDonald brothers couldn't see 03:00 - McDonald's wasn't selling hamburgers 04:09 - Why Kroc sold franchises one location at a time 05:58 - How McDonaldization changed modern business 07:23 - Do you own a business or a job? 10:15 - McDonald's real breakthrough was real estate 13:20 - How Ray Kroc accessed capital when banks wouldn't help 15:41 - Six lessons entrepreneurs can learn from Ray Kroc 17:00 - Working on your business instead of inside it Check out our webinar on infinite banking: https://shorturl.at/k1V89 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E270
August 10 · 21 min
How Banks Use Your Money to Build Wealth... and How You Can Too
You spent years building your company, creating revenue and accumulating retained earnings. But once the money has been made, an entirely different challenge begins: How do you keep it working without losing access or control? In this episode, Darren and Christina explain why successful business owners eventually begin thinking like bankers… even when they don't realize it. They examine how banks generate wealth by controlling the movement of capital, why traditional places for storing corporate wealth can leave money trapped or inefficient, and how properly structured participating whole life insurance can help entrepreneurs build their own banking system. You'll learn why infinite banking isn't simply an investment strategy, how corporate-owned life insurance can strengthen a corporation's financial position, and why making money and managing capital require two completely different skills. If you've built a successful business and are now wondering what to do with the money it has created, this episode is for you. Subscribe for straight-talking Canadian financial insights, business-owner strategies, and conversations you won't hear from your bank. Check out our webinar on infinite banking: https://shorturl.at/k1V89 Show notes: 00:00 - Why Successful Business Owners Become Bankers 01:55 - How Banks Actually Make Their Money 05:11 - The Evolution of a Successful Business Owner 07:11 - You May Already Be Building a Banking System 09:00 - The Problem With Trapped Corporate Capital 10:48 - Infinite Banking as a Capital Management Strategy 13:17 - Using Life Insurance as a Corporate Asset 15:01 - Getting Wealth Out of Your Corporation 17:20 - The Questions Wealthy Entrepreneurs Ask 19:20 - The Lesson Banks Have Been Teaching Us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E267
August 6 · 48 min
How Seaweed Helped Build a Skincare Business in Rural Newfoundland | The Story of 7 Fathoms Seaweed Skin Care
Courtney and Terrence Howell didn't move to rural Newfoundland because it was the easiest place to build a business. They moved there because it was where they wanted to build their life. After meeting while teaching English in South Korea, the couple eventually settled in Grates Cove, Newfoundland and Labrador. With backgrounds in anthropology and fine arts, they launched an art and tourism business before transforming an old school into a Cajun-Creole fusion restaurant. Then a walk along the beach changed everything. Terrence, who has lived with Crohn's disease for most of his life, was dealing with serious irritation around his medical appliance. After handling a piece of local seaweed and noticing an unexpected change in his skin, he and Courtney began exploring how its naturally occurring bioactive compounds could be extracted and preserved. That discovery eventually became 7 Fathoms Seaweed Skin Care. In this Entrepreneurial Spotlight, Courtney and Terrence join Darren to discuss building a business in rural Newfoundland, finding their earliest customers, working with scientific researchers, sustainably harvesting seaweed, appearing on Dragons' Den and preparing 7 Fathoms for its next stage of growth. Learn more about 7 Fathoms Seaweed Skin Care: https://www.7fathomsseaweedskincare.ca/ Follow Control & Compound for more conversations about Canadian business, entrepreneurship, investing and building lasting wealth. Show notes: 00:00 - From Seaweed to a Growing Skincare Company 01:15 - Meet Courtney and Terrence Howell 02:02 - Choosing a Life in Rural Newfoundland 03:14 - Starting Their First Business 04:04 - Building a Restaurant at the End of the Road 06:25 - Terrence's Journey With Crohn's Disease 08:59 - The Walk on the Beach That Changed Everything 11:15 - Turning a Personal Discovery Into a Product 13:43 - When Customers Started Calling 15:44 - The Scientist Who Walked Into Their Restaurant 19:01 - Why Entrepreneurial "Luck" Isn't Really Luck 19:19 - Discovering the Science Inside Newfoundland Seaweed 22:09 - Navigating the Difficult Years 25:00 - Raising a Family While Building a Business 27:07 - Scaling From Rural Newfoundland 31:05 - Harvesting Seaweed Sustainably 36:19 - Making It Onto Dragons' Den 38:53 - Preparing for the Dragons' Den Effect 41:37 - The Biggest Myth About Entrepreneurship 45:23 - Curiosity, Courage and Giving Back 45:51 - Where to Find 7 Fathoms Check out our webinar on infinite banking: https://shorturl.at/k1V89 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E268
August 3 · 42 min
Trump's 50% Tariffs, a Falling Loonie & the Gordie Howe Bridge Deal
The Bank of Canada says the Canadian economy is beginning to improve, inflation has fallen to 2.8%, the TSX has reached another all-time high and Canadian consumers continue to spend. So why does the economic outlook still feel so uncertain? In the August 2026 Economic Update, Darren and Christina break down the proposed 50% U.S. tariffs on certain Canadian products, the latest movement in the Canadian dollar, what's driving the Canadian and American stock markets, and why major institutions continue buying Bitcoin. They also examine the growing disconnect between the federal government's promise to build 500,000 homes annually and CMHC's forecast that Canadian housing starts will decline over the next several years. Darren also digs into the newly opened Gordie Howe International Bridge, why the project is great news for Canadian trade and the unanswered questions surrounding the revised revenue-sharing agreement with the United States. Plus, they discuss the difference between mortgage insurance and personally owned term insurance, Manulife's growing use of AI, Control & Compound's new Instagram account and the episodes coming in August. *** Follow the new official Control & Compound Instagram account: @controlandcompound_ Show notes: 00:00 - Canada's August Economic Update 03:54 - Bank of Canada Holds Interest Rates 06:42 - Inflation Falls but Groceries Keep Rising 08:15 - What's Pushing Down the Canadian Dollar? 10:30 - The TSX Outpaces the S&P 500 15:02 - Bitcoin Rebounds as Institutions Keep Buying 18:54 - Canada's Housing Market Begins to Stabilize 20:55 - The Government Promised 500,000 Homes a Year 23:13 - The Gordie Howe Bridge Is Officially Open 25:42 - Questions About the Revised Bridge Agreement 30:38 - Trump's Proposed 50% Tariffs 32:34 - Some Positive News for Canada's Economy 34:36 - Term Insurance Versus Mortgage Insurance 37:04 - How Manulife Is Using AI 39:07 - Control & Compound's New Instagram Account 41:18 - Recent Episodes and What's Coming in August FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E267
July 27 · 23 min
How Michele Romanow Went From Selling Caviar to Building a Billion-Dollar Company
Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay Michele Romanow didn't build her wealth by chasing a bigger salary. She built companies, retained ownership and used each success to create her next opportunity. In this financial autopsy, Darren and Christina examine how the Dragons' Den investor went from launching a caviar company in New Brunswick to building businesses such as Buytopia, SnapSaves and Clearco. More importantly, they break down the financial pattern that continued throughout her career. You'll learn why ownership can create wealth differently than income, how skills and relationships compound alongside money, why entrepreneurs should think carefully before giving away equity and how successful business owners eventually make the transition from operator to investor. Michele's journey is a Canadian success story—but the principles behind it can be applied by business owners everywhere. Show notes: 00:00 The Financial Autopsy of Michele Romanow 01:19 - Why Michele's Story Is Different 03:50 - Meeting Michele Romanow 04:44 - The Story Before Dragons' Den 05:01 - Building a Caviar Business From Scratch 06:44 - Entrepreneurship Is About Finding Answers 08:33 - How Michele Romanow Built Her Wealth 09:03 - Why Ownership Matters More Than Income 10:22 - Turning One Success Into the Next 11:39 - The Business Problem That Inspired Clearco 12:16 - Why Founders Give Away Ownership 13:18 - Capital Without Giving Away Equity 14:22 - Control, Capital and Financial Flexibility 16:04 - Five Lessons From Michele Romanow 16:27 - Your First Business Isn't Your Forever Business 16:53 - Skills Can Compound Faster Than Money 17:28 - Protecting Your Ownership and Equity 18:26 - Making the Shift From Operator to Investor 19:30 - The Work Behind the Success 21:24 - Final Thoughts FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E266
July 20 · 25 min
Canada's $50 Billion EV Gamble: What Happens Now?
Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay Canada set out to become an electric vehicle superpower. Governments backed the strategy with up to $52.5 billion in support, automakers announced massive projects, and the expectation was that jobs, exports and an entirely new Canadian supply chain would follow. Since then, demand has fallen short of early projections, trade tensions have changed the market and some of the country's biggest EV projects have been paused or suspended. In this episode of Control and Compound, Darren and Christina break down the economic and environmental arguments behind Canada's EV strategy, the assumptions the plan depended on, what happened to Honda's proposed $15 billion Ontario EV supply chain, and why Canada is now allowing up to 49,000 Chinese EVs into the country annually. Was the vision wrong, or did the government try to force the future before consumers and the market were ready? Darren also explains why this story is about much more than cars; it's about who carries the risk when governments make massive industrial bets with taxpayer money. Show notes: 0:00 - Canada's $50 billion EV gamble 2:50 - Canada's original EV superpower vision 3:36 - Economic strategy or environmental policy? 7:01 - The business owner test 8:19 - Did government force the future too quickly? 10:01 - What Canadian taxpayers committed 11:54 - Four assumptions behind the EV strategy 16:52 - What happened to Honda's $15 billion project? 18:18 - Chinese EVs enter the Canadian market 20:27 - Four ways this could play out 21:25 - The bigger issue beyond electric vehicles FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E260
July 13 · 27 min
If You Died Tomorrow... Would Your Family Know What to Do?
Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay Most people think their family knows where everything is. The reality? They usually know pieces of the puzzle. If something happened to you tomorrow, would your spouse know where your will is? Your insurance policies? Your passwords? Your investments? Your business information? Your digital accounts? In this episode, Darren and Christina walk through the practical checklist every Canadian should have to make one of life's hardest moments a little easier for the people they love. Whether you're a parent, business owner, homeowner, or simply want to protect your family, this conversation could save your loved ones months—or even years—of confusion, stress, and unnecessary legal headaches. Topics include: Emergency binders Wills Executors Business succession Digital assets Life insurance Common-law considerations Estate planning mistakes Protecting your family If this episode helps you, share it with someone you care about. Show notes: 00:00 - Introduction 02:18 - Questions Every Family Should Answer 05:20 - Build Your Emergency Binder 10:22 - The Legacy One Client Left Behind 13:11 - What Happens Without A Will 20:10 - Choosing The Right Executor 22:17 - Business Owners Need A Different Plan 24:27 - One Hour That Could Change Everything FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E264
July 9 · 42 min
Entrepreneurship, Resilience & Building a Global Company with Travis McDonough
Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay What does it really take to build a global company from Atlantic Canada? In this month's entrepreneurial spotlight, Darren sits down with entrepreneur Travis McDonough, founder of Kinduct and Wellnify, to explore the mindset, resilience, leadership, and relentless perseverance required to build one of Canada's most successful sports technology companies. From overcoming learning disabilities and competing as a national boxer to building a company trusted by more than 650 professional sports organizations, including teams across the NHL, NBA, MLB, and NFL, Travis shares the hard-earned lessons that shaped his entrepreneurial journey. He opens up about remortgaging his home to make payroll, navigating failure and uncertainty, scaling a startup, raising capital, leading high-performing teams, and ultimately selling Kinduct before launching his next mission-driven company, Wellnify. This conversation goes far beyond business. It's about developing habits that shape your future, finding purpose through entrepreneurship, building organizations that matter, and creating a lasting impact in your community. Whether you're an entrepreneur, business owner, startup founder, executive, investor, or someone striving for personal growth, this episode is packed with practical insights on leadership, innovation, resilience, business growth, and the mindset required to build something extraordinary. In this episode: • Building a global tech company from Halifax, Nova Scotia • The entrepreneurial mindset behind long-term success • Leadership lessons from elite sports • How to build and scale high-performing teams • Overcoming adversity, failure, and rejection • Raising capital and growing a startup • The story behind Kinduct and Wellnify • Why habits determine your future • Innovation, community, and purpose-driven leadership If you enjoyed this episode, subscribe to Control & Compound for more conversations with entrepreneurs, business leaders, investors, and innovators who are shaping the future of business and wealth in Canada. Show notes: 00:00 - Introduction 01:03 - Learning Disabilities That Became Travis' Greatest Strength 05:09 - What Sports Taught Him About Entrepreneurship 07:24 - Building a Business from Scratch in Ireland 11:52 - How Kinduct Grew to 650 Professional Sports Teams 17:27 - Mortgaging the House to Keep the Company Alive 23:09 - Life After Selling Kinduct 26:21 - Why Travis Started Wellnify 36:06 - Building a Legacy That Matters 40:01 - "Build Stronger Fences, Not More Ambulances" FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND TRAVIS ON: LINKEDIN: https://ca.linkedin.com/in/travismcdonough WEBSITE: https://wellnify.ai/
S1 · E263
July 6 · 42 min
The Hidden Crisis Facing Canada's Economy
Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay Canada has a problem... and it's bigger than inflation. On this month's economic update, Darren and Christina break down the hidden crisis facing Canada's economy: uncertainty. From interest rates and inflation to the falling Canadian dollar, housing, trade negotiations, business investment, and Canada's untapped natural resources, this update explains why so many Canadians feel like the official numbers don't match real life. They also cover what the uncertainty around the Canada-U.S.-Mexico trade agreement could mean for business owners, investors, jobs, wages, and the future of the Canadian economy. If you're trying to understand what's really happening in Canada right now — and how it could affect your money — this episode is worth watching. Subscribe for more Canadian financial education, economic updates, and strategies to help you take control of your money. Show notes: 00:00 - Introduction 00:40 - Bank of Canada Rate Decision 02:35 - Inflation Is Rising Again 04:00 - Canadian Dollar Hits One-Year Low 06:05 - Stock Market Update 08:05 - Bitcoin Drops Again 10:20 - Canadian Housing Market 11:35 - Government Buying Unsold Condos 16:10 - Canada's Biggest Opportunity 20:00 - The US Trade Deal Explained 24:55 - Why Business Investment Is Stalling 28:55 - China Trade Problems 32:15 - Life Insurance Industry Update 35:00 - Keyspire Summit 37:20 - Podcasts You May Have Missed 40:30 - Final Thoughts FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ FACEBOOK: https://www.facebook.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E262
June 29 · 25 min
The Retirement Trap: Why the Retirement Plan Canadians Were Sold Is Breaking
Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay For decades, Canadians were told retirement was simple: ✔ Pay off your mortgage ✔ Max out your RRSP ✔ Collect CPP and OAS ✔ Retire comfortably. But that plan was built for a completely different Canada. In this episode, Darren and Christina explain why inflation, taxation, government policy, and longevity are changing retirement forever—and why accumulating assets alone is no longer enough. They break down: Why retirement has become a control problem instead of a savings problem The hidden inflation most retirees underestimate The RRSP "tax bet" almost nobody understands How government policy can completely change your retirement plan Why wealthy Canadians focus on flexibility instead of simply accumulating more money How tax diversification creates more retirement options Where participating whole life insurance fits into a long-term wealth strategy If you're relying solely on traditional retirement advice, this episode may completely change how you think about building wealth. Subscribe for weekly episodes covering Canadian wealth building, Infinite Banking, tax strategies, investing, entrepreneurship, and financial freedom. Show notes: 00:00 - Introduction 01:49 - The retirement formula Canadians grew up believing 03:29 - Inflation, taxes and why retirement is different today 04:58 - The shocking effect of inflation over 30 years 07:56 - Why taxes destroy more wealth than investments 09:04 - The RRSP tax bet most Canadians don't realize they're making 11:05 - Hidden tax stacking in retirement 13:20 - Government policy risk and changing retirement rules 17:35 - How just 1% more taxation changes everything 19:19 - What wealthy Canadians do differently 20:40 - Why flexibility beats accumulation 22:30 - Building retirement options instead of one strategy 24:02 - Final thoughts FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E261
June 22 · 19 min
How John D. Rockefeller Built and Preserved Generational Wealth
https://hub.controlandcompound.com/business-masterclass-webinar-replay John D. Rockefeller didn't just build one of the largest fortunes in history – he built a system that allowed his wealth to last for generations. In this episode of Control and Compound, Darren and Christina are doing a financial autopsy on Rockefeller and how he built his fortune through discipline, ownership, reinvestment, vertical integration, and control of capital. They also explain how the Rockefeller family preserved wealth using life insurance, trusts, and family governance. The big lesson? Building wealth is one thing. Structuring it properly so it can continue for generations is another. Show notes: 00:00 - Introduction 01:41 - How Rockefeller Built His Fortune 05:54 - The Business Lessons Anyone Can Copy 09:06 - Why Controlling Capital Matters 12:40 - Borrowing Against Assets vs Selling Them 13:23 - How Rockefeller Preserved Wealth for Generations 17:51 - The Biggest Takeaway for Business Owners FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound_ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 · E260
June 15 · 34 min
Your Business Is Growing… So Why Are You More Stressed?
https://hub.controlandcompound.com/business-masterclass-webinar-replay Many entrepreneurs start their business believing success will eventually create freedom. But for a lot of business owners, the opposite happens. The business grows, revenue increases, the team expands… but so do the stress, responsibility, payroll, decisions, overhead, and financial pressure. In this episode, Darren and Christina break down why successful entrepreneurs can still feel trapped inside the business they built. They discuss the stages of entrepreneurship, how business owners become the bottleneck, why revenue alone does not create freedom, and how systems, delegation, liquidity, and long-term planning can help create true financial and operational freedom. They also explain why many entrepreneurs are asset rich but liquidity poor, and how strategies like corporate-owned high cash value life insurance can help business owners build stability, flexibility, retirement options, and estate planning benefits outside of the operating company. If you are a business owner who has built something successful but still feels overwhelmed, this episode is for you. Show notes: 00:00 - Why successful entrepreneurs still feel trapped 02:17 - The entrepreneurship lie 05:16 - Does your business own you? 06:25 - The 90-day test 08:46 - The stages of entrepreneurship 12:04 - How to start creating freedom 12:46 - Document everything 14:07 - Hire for freedom, not just growth 16:16 - Stop making every decision 18:14 - Cash flow vs. wealth 22:39 - Building liquidity outside the business 25:06 - Why cash value life insurance fits business owners 29:13 - Creating a freedom plan 32:12 - The solution: structure, liquidity, delegation, planning 34:01 - Build your business like you plan to sell it FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

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